Covington Advises on $5.3B Sale of Guidehouse to Bain Capital

WASHINGTON—Covington is advising Guidehouse and Veritas Capital on their agreement to sell Guidehouse to Bain Capital for $5.3 billion. Veritas Capital has owned Guidehouse since 2018.

Guidehouse, a leading global provider of consulting services to federal government agencies and commercial markets, has broad capabilities in management, technology, and risk consulting, as well as digital services and business process outsourcing. The company’s expertise spans a wide range of industries, including defense and security, energy, infrastructure and sustainability, financial services and health.

Veritas Capital is a longstanding technology investor with a focus on companies operating at the intersection of technology and government. The firm invests in companies that provide technology and technology-enabled solutions to government and commercial customers worldwide.

Scott Freling led the Covington regulatory team advising Guidehouse and Veritas in this deal.  The team included Brooke Stanley and Paul Rowley (government contracts); Heather Finstuen, Jonathan Wakely, Ingrid Price, and Ian Carrico (national security); Justin Schenck (trade controls); Horst Henschen, Martin Juhasz, and Grace Kim (ex-US regulatory).